Banyan Tree

The luxury hotelier on balancing inheritance, purpose and expansion

The property in Palm Beach, Florida, comprises 88 private residences

The group has proposed a first and final one-tier tax-exempt cash dividend of S$0.0135 per ordinary share for FY2025

It is looking at potential conversions under its Dhawa brand in Singapore and acquisitions of small management companies

Average daily turnover for these stocks hits S$165 million in the year to Nov 4

From Shangri-La to Rosewood, scions of prominent families are making their mark in the hospitality world

The seller is NSL Resorts International, a subsidiary of Singapore-listed group NSL

RESORT-OPERATOR Banyan Tree has secured its first sustainability-linked loan, worth S$70 million. 

Segment hit a high in FY2023 with S$267.8 million worth of new sales and more growth is expected, especially in Thailand